TikTok advertisers stick by the app amid threat of US ban
By Sheila Dang (Reuters) – Advertisers are committed to continue spending on TikTok due to its immense popularity with users…
Asia
Australia’s ANZ looks beyond housing as rate hikes hit margins
By Byron Kaye and Savyata Mishra (Reuters) -Australian lender ANZ Banking Group Ltd said it was diversifying beyond a residential…
Macquarie commodities and markets boss earns $39 million, trumping CEO
SYDNEY (Reuters) – Macquarie Group’s commodities and global markets (CGM) division head earned about A$57.6 million ($39 million) for the…
Marcos dismisses criticism that his campaign played down family corruption
By Michael Martina and Don Durfee WASHINGTON (Reuters) – Philippines President Ferdinand Marcos Jr dismissed criticism during an interview on…
China to enhance credit support to private investment projects
BEIJING (Reuters) – China’s state planner will step up credit support for projects with private investment, the state-run People’s Daily…
Downer faces second class action lawsuit over breach of contract disclosures
(Reuters) – Australia’s Downer EDI said on Friday it was served with a second class action lawsuit by certain shareholders…
Australia central bank frets over upside risks to inflation as it warns on rates
SYDNEY, May 5 (Reuters) – Australia’s central bank on Friday warned that risks to inflation were on the upside given…
Tesla raises prices for new Model S, Model X in China
BEIJING (Reuters) – Tesla Inc has raised prices for its new Model S and Model X vehicles in China by…
White House’s Sullivan to travel to Saudi this weekend
By Steve Holland WASHINGTON (Reuters) -White House national security adviser Jake Sullivan said on Thursday he will travel to Saudi…
Chinese businessman Guo Wengui appeals bail denial in fraud case
NEW YORK (Reuters) – An exiled Chinese businessman charged by U.S. prosecutors with leading a more than $1 billion fraud…